What Have We Learned Since the 2008 Financial Crisis?

The financial system has undergone far-reaching changes since the global financial crisis of 2007-2009. Read the curated collection of Annual Reviews articles covering financial economic issues from the past decade below.

"When the global financial crisis of 2007-2009 hit, bringing devastating collapse of institutions and of the real economy itself, the economics and finance professions had little research available to understand what was happening and to guide policy response. Warnings were provided in 2007 by events and a handful of economists, but few could foresee how severe the consequences would be."
- Robert Engle, Annual Review of Financial Economics, 2018

Annual Reviews, with NYU Stern School of Business and MIT Golub Center for Finance and Policy (GCFP) are co-hosting the 2008 Financial Crisis: A Ten-Year Review conference with world leaders. Coinciding with the 10th volume of Annual Review of Financial Economics, the conference and this special article collection offer perspectives on the events surrounding the crisis, what has been learned since, and provide insight on future implications from expert vantage points.

FREE CONFERENCE LIVESTREAM ACCESS: November 8-9, 2018
Don't miss this exclusive event! 
View the program and watch the FREE livestream presentation.

Conference livestream is sponsored by the CFA Research Foundation.
Follow the conversation during the conference using #FinancialCrisisReview on Twitter.

Speakers include: Ben Bernanke, Douglas Diamond, Robert Engle, Stanley Fischer, Christopher Foote, Gary Gorton, Peter Hancock, Harold James, Mervyn King, Deborah Lucas, Robert Merton, Antoinette Schoar, Myron Scholes, and Jean-Claude Trichet.

All articles in this collection are FREE to read through January 2, 2019 and always available at subscribing institutions.

All articles are available here.

Annual Review of Financial Economics 10th Volume:
2008 Financial Crisis: A Ten-Year Review

Featured Biographies and Reflections from Financial Economists

Banking Regulation and Corporate Finance

Personal Finance

Economic Modelling, Credit, and Risk


This conversation between two Nobel Laureates, moderated by Annual Review of Economics Editorial Committee member Tim Besley, will focus on bringing ethical issues into economics, and the implications that this has for the practice and teaching of economics.

Annual Reviews is a nonprofit publisher dedicated to synthesizing and integrating knowledge for the progress of science and the benefit of society. We currently publish 50 highly cited journals in the Biomedical, Life, Physical, and Social Sciences, including Economics.